Ankaref has been steering the sector with its IoT solutions since the day it was established, and has been maintaining its leadership as it has managed to incorporate about 50 million endpoints into its IoT network in a short period of time such as 8 years. As it succeeded in executing projects that were carried out for the first time in our country and even in the world, thanks to its approach focused on innovation and R&D, it has proven the level reached by the Turkish engineers.
Ankaref family has attained its goals one by one every year since 2007, and thus has found the opportunity to prove its success by various awards. These awards include 'Europe's Best RFID Company', 'European Business Awards' in the field of customer services, 'Top 500 IT Companies in Turkey', and '100 Fastest-Growing Companies in Turkey' for the last 2 years, and are only some of the signs of Ankaref's success.
The Turkish economy grew by 2.9% in 2014 when the signs of economic slowdown started to be observed upon termination of monetary expansion by the FED. Under these general circumstances, our company achieved a growth of 267% in its revenues, a growth of 24% in its human resources, and a growth of 52% in its infrastructure, and considerably attained the goals set by the company's management. Despite all unfavourable developments in the world and Turkey in 2014, we could maintain our competitive power and continued our growth. As a result, Ankaref managed to be one of the fastest-growing 100 companies in Turkey in 2014, and became one of the rare companies that maintained their growth persistently for 3 years in a row.
Capacity, productivity, innovation and quality-enhancing investments were completed until the end of 2014, and our production capacity has reached a level that is sufficient to respond to potential increases in demand in the market in the forthcoming years.
We surpassed our 2014 performance and further speeded up our growth in the first half of 2015. This indicates that our innovation- and R&D-focused efforts will boost our company even under the circumstance of a crisis.
Our export activities has been increasingly continuing in 2015, thanks to the infrastructure and sale network efforts we have engaged in to date. In accordance with our vision that will accompany our company in the future, our most important goal is to maintain our innovative character, invest in technology and human resources, enhance our recognition and effectiveness in the sectors we are engaged in, and to be more involved in the international market.
I would like to thank all of our stakeholders that have contributed to the current position of Ankaref, particularly our customers, employees and business partners, for their valuable contributions and the commitment and trust they feel for our company.
ALİ ERHAN BİNİCİ